Peter Cunningham Sells 621 Shares of Rio Tinto Group (LON:RIO) Stock

Rio Tinto Group (LON:RIO) insider Peter Cunningham sold 621 shares of the business’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of GBX 5,076 ($64.24), for a total value of £31,521.96 ($39,891.12).

Rio Tinto Group Trading Down 1.5 %

Shares of LON:RIO traded down GBX 75 ($0.95) during midday trading on Monday, reaching GBX 5,007 ($63.36). The company had a trading volume of 4,043,059 shares, compared to its average volume of 2,657,220. Rio Tinto Group has a 1-year low of GBX 4,509 ($57.06) and a 1-year high of GBX 5,854 ($74.08). The company has a fifty day simple moving average of GBX 4,871.20 and a two-hundred day simple moving average of GBX 4,911.19. The firm has a market cap of £105.06 billion, a price-to-earnings ratio of 9.48, a price-to-earnings-growth ratio of -0.64 and a beta of 0.59. The company has a debt-to-equity ratio of 25.28, a quick ratio of 1.34 and a current ratio of 1.70.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on RIO. JPMorgan Chase & Co. reiterated a “not rated” rating on shares of Rio Tinto Group in a research note on Thursday. Berenberg Bank reiterated a “buy” rating and set a GBX 6,300 ($79.73) price target on shares of Rio Tinto Group in a research report on Thursday. Citigroup restated a “neutral” rating on shares of Rio Tinto Group in a report on Friday, December 6th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 6,400 ($80.99) target price on shares of Rio Tinto Group in a report on Friday, December 6th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 6,241.25 ($78.98).

Rio Tinto Group Company Profile